NSW transfer duty rates for 2026-27
Unlike most states, NSW indexes its duty brackets to CPI every 1 July, so last year's tables are always slightly wrong. These are the current brackets for contracts exchanged between 1 July 2026 and 30 June 2027:
| Dutiable value | Duty payable |
|---|---|
| $0 – $18,000 | $1.25 per $100 (minimum $20) |
| $18,001 – $38,000 | $225 + $1.50 per $100 over $18,000 |
| $38,001 – $103,000 | $525 + $1.75 per $100 over $38,000 |
| $103,001 – $387,000 | $1,662 + $3.50 per $100 over $103,000 |
| $387,001 – $1,290,000 | $11,602 + $4.50 per $100 over $387,000 |
| Over $1,290,000 | $52,237 + $5.50 per $100 over $1,290,000 |
Residential purchases above $3,870,000 attract premium duty instead: $194,137 plus $7.00 per $100 over the threshold.
First home buyers: $0 duty up to $800,000
Under the First Home Buyers Assistance Scheme you pay no duty on a new or established home up to $800,000, and a concessional (sliding scale) rate from $800,000 to $1,000,000. Vacant land is exempt to $350,000 with a concession to $450,000. To qualify you must be 18+, never have owned Australian residential property, and move in within 12 months, living there for at least 12 continuous months. At Sydney's median house price this scheme is worth over $30,000 — by far the biggest first-home benefit in the country's biggest market.
What else gets added
Foreign purchasers pay an extra 8% surcharge on residential property. Duty is payable within three months of exchange (usually handled at settlement by your conveyancer), and off-the-plan owner-occupiers can defer payment for up to 12 months.
Worked example
An owner-occupier buying an $850,000 established house pays $11,602 + 4.5% × ($850,000 − $387,000) = $32,437. An eligible first home buyer pays only the concessional rate — roughly a quarter of that — because $850,000 sits in the $800k–$1M sliding scale band.